xthelamppostx7630 xthelamppostx7630
  • 02-07-2021
  • Business
contestada

Find the average payment period if accounts payable is $20,000, cost of goods sold is $200,000, and sales are $500,000.

Respuesta :

Ritmeks
Ritmeks Ritmeks
  • 07-07-2021

Answer:

36.5

Explanation:

Account payable = $20,000

The cost of goods sold is $200,000

Sales are $500,000

The average payment period can be calculated as follows

= 20,000/200,000/365

°= 20,000/547.9

36.5

Henbe the average payment period is 36.5

Answer Link

Otras preguntas

Find the greatest common factor of 6c^3 and 10c^4
PLSS HELP IMMEDIATELY!!!! ILL MARK BRAINIEST IF U DONT LEAVE A LINK OR GUESS!!!!
Angle relationship-error analysis
Someone answer this please
¿Qué significa que el país atravesaba un estado de excepción y necesitaba una autoridad superior? 1976 argentina
I NEED PICTURES OF THE GREAT HORNED OWLS HABITAT NOW!!
Which pair shows equivalent expressions?
What is the common uses for Manganese??
I am early for the game past sentence​
A circle has an area of in2. If it is dilated by a scale factor of 5/4, what is the area after dilation